Anger among economic conservatives rose yet higher in early 2009 when Congress responded to President Obama’s call for a massive economic stimulus to keep the recession from turning into a Depression. Almost every major Western government, whatever its political stripe, went deeply into the red at this time to keep its economy afloat. Republicans in Congress voted massively against the bill, and Democrats took the heat for trying to stop a recession that the Republicans had largely caused by deregulating the banking system." - Meaning and context.">
QuotesCosmos
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Today’s Tea Party movement began in early 2009 in reaction to the American government’s efforts to stabilize the banking system and keep the nation from sinking into economic turmoil. In October, 2008 the Democrat-controlled Congress passed a “Wall St. bailout” bill (the “TARP” bill) proposed by the Bush administration, which Bush immediately signed. This bill deeply offended some economic conservatives who held a “let the chips fall where they may, no matter what” view of free market economics.
Anger among economic conservatives rose yet higher in early 2009 when Congress responded to President Obama’s call for a massive economic stimulus to keep the recession from turning into a Depression. Almost every major Western government, whatever its political stripe, went deeply into the red at this time to keep its economy afloat. Republicans in Congress voted massively against the bill, and Democrats took the heat for trying to stop a recession that the Republicans had largely caused by deregulating the banking system.

— Bob Altemeyer

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Today’s Tea Party movement began in early 2009 in reaction to the American government’s efforts to stabilize the banking system and keep the nation from sinking into economic turmoil. In October, 2008 the Democrat-controlled Congress passed a “Wall St. bailout” bill (the “TARP” bill) proposed by the Bush administration, which Bush immediately signed. This bill deeply offended some economic conservatives who held a “let the chips fall where they may, no matter what” view of free market economics.
Anger among economic conservatives rose yet higher in early 2009 when Congress responded to President Obama’s call for a massive economic stimulus to keep the recession from turning into a Depression. Almost every major Western government, whatever its political stripe, went deeply into the red at this time to keep its economy afloat. Republicans in Congress voted massively against the bill, and Democrats took the heat for trying to stop a recession that the Republicans had largely caused by deregulating the banking system." in the context of "" to mean that wisdom is timeless.

Source: The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app

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About Bob Altemeyer

Robert Anthony Altemeyer (6 June 1940 – 7 February 2024), also known as Bob Altemeyer, was a retired Professor of Psychology at the University of Manitoba. Altemeyer also produced the Right-Wing Authoritarianism Scale (or RWA Scale), as well as the related Left-Wing Authoritarianism Scale (or LWA Scale). His son is Rob Altemeyer.